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20130204
20130212
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the debt ceiling fight in the summer. your republican friends are working on a budget that balances in 10 years as their banner for how to solve our problems. the white house has indicated that we were only trying to do $4 trillion, we have already done 2.5 trillion, let's move on to other issues and spend more money in the meantime. two different issues. nobody has articulated, so far, a way for the two sides to compromise and get us past this next major crisis. do you have thoughts on how we get past it? >> well, in addition to the fact that it has not enabled us to get beyond the crisis, we also need to tackle big issues like immigration reform. we want to take on the issue of gun violence and gun safety. the overriding issue remains the economy and jobs. this hinders the effort. the solution is what the president laid out and what a speaker boehner seemed to want to do at one point, which was to get the grand bargain, a comprehensive solution, so that you deal with this once and for all. if we can at least replace the sequester between march 1 and the end of the year with a mix of alt
, and then, of course, republicans moved the just as we went over the fiscal big debt ceiling debate to may 18. so, you have these self-imposed economic wounds, and really what we should be doing is dealing with them all at once in a comprehensive manner. if we cannot deal with it for a 10-year period, at least deal with it through the remainder of this fiscal year and that is exactly what the house democratic alternative did. we would replace that sequester with deficit reduction achieved over a longer time. >> you, in suburban maryland, represent a lot of people that would be directly affected if the sequester hits. do you think the administration is doing a good job of preparing federal workers and folks whose paychecks depend on what happens in the next few weeks for how it will work and how to plan their lives? >> we have been urging them to provide guidance to federal employees because as we get closer to the date there is more and more anxiety, understandably. they are trying to provide notice to employees about things that can be expected, but the problem is it affect each agency d
the debt ceiling. if republicans had gone into this issue and said they would not raise the debt ceiling unless they got cuts, there would have lost that the raid at the end. big loss that debate. john boehner and paul rand did a great job together. you cannot govern from that office, you but you have to be very careful about high-profile last-minute negotiations. i've worked in the white house and three administrations. the president has a tremendous institutional advantage in these kinds of fights. what republicans have to do is avoid these fights, the straps that they are laying. provide an alternative through passing legislation, just to show this is how they would govern if they had the powers of the presidency and the senate. and be careful. there are some rough edges. host: some are not strategy as far as moving the debt ceiling ahead. guest: if they had gone ahead with it, it would have been politically cataclysmic. it was the worst percival -- worst possible ground to make their point. president obama 1. i think it's absolutely crucial for the future of the country that you cann
authority to operate, and then the republicans move them debt ceiling debate until may 18. you have these self-imposed economic wounds, and we really should be dealing with them all at at once in a comprehensive manner. if we cannot deal with it for 10 years, deal with it for the remainder of this fiscal year, and that is what the house democratic alternative did. we would replace with the -- sequester with deficit reduction achieved over a longer time. >> watch the entire interview sunday at 10:00 a.m. eastern and again later at 6:00 p.m. on c- span. now, douglas emmett dorf, director of the congressional budget office. this is just over one hour. >> thank you all for coming. i am the director of the congressional budget office. cbo just released its outlook for the federal budget and the economy over the next decade. i would like to tell you a little about it, and then my colleagues and i will be happy to take your questions. our analysis shows that the united states continues to face very large economic and budget challenges. under current law, we expect the unemployment rate wil
worried about raising the national debt ceiling, which is $16.4 trillion. republicans hoped to try to force a general deduction of overall spending. it came down to this deal where it was they would do a supercommittee that would come up with a deal by the end of 2011. they did not. if they did not reach a deal by the end of 2012, they would have mandatory budget cuts of $1.2 trillion over 10 years. the first were supposed to kick in this year. now that they have extended that, we are looking at about $90 million of mandatory cuts split between regular government spending and defense spending. they are supposed to kick in march 1. host: what is the seacrest -- what does the sequestration mean for the defense department? caller: you are looking at about $15 billion of cuts. unlike other cuts that could happen to government agencies, they go across the board. you are looking at taking major chunk of operations out of programs. we are fighting a major war in afghanistan. that is separated. you are looking at the cuts taking effect in areas that are having a disproportionate effect and
resolution and postponed debt ceiling decision. which shouldn't be a decision. and all you have been hearing from the majority in the house and the republicans in the senate is austerity, austerity, cuts, cuts and avoiding the whole discussion of the fact that those -- that attitude and philosophy is only going to worsen the economy if the sequestration goes through, that is 660,000 jobs lost the first year and the balancing act is about creating revenue and creating revenue from sources that should be on the table, but aren't being discussed on the table. balancing act is about investment in this term with jobs, education, r&d's in order to grow and stin the recovery we are on. investment in this term. and we all recognize the deficit is an issue, but an issue over a long-term and the balancing act by repealing sequestration, creates for us in this country an opportunity to continue to recover and stabilize our economy, invest in things that we need for the future and put on the table revenue that is not there that needs to be part of the revenue generation that we need in order to deal wit
out. he made -- he may need them to get some of these bills passed. as he did with the debt ceiling vote. as he did with the bill for hurricane sandy victims. as it came with the fiscal cliff agreement. i see that as a possibility with a gun control and immigration, because while republicans cannot be eager and willing to discuss the issues, pulling suggest that the house may have to pass something. i will meet democrats. host: -- they will need democrats. host: you say the election created a new deadline for the gop? guest: if they do not act on certain things, they may suffer bitter consequences at the polls, especially in those purple districts, areas where republicans are vulnerable. most of the congressional map has been drawn in favor of republicans and that served in congress. it has been difficult for house democrats to retake the house. history shows that in the final two years of an incumbent president's second term, it is impossible for his party to retake the majority in the house. but, they say, look, congress continues to behave as it did in the past two years, the pub
Search Results 0 to 6 of about 7